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Long Term Forex Market Analysis


USDCAD Weekly Analysis - September 18, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 18 September 2016 07:54 UTC
USDCAD is facing the resistance of the price channel on daily chart. A clear break above the channel resistance could bring price to 1.3600 zone. Near term support is at 1.3100, a breakdown below this level could trigger another fall to the bottom of the channel.

USDJPY Weekly Analysis - September 18, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 18 September 2016 07:53 UTC
USDJPY stayed in a trading range between 98.97 and 107.48 for several months. As long as 107.48 resistance holds, the price action in the trading range could be treated as consolidation of the downtrend from 123.75 (Nov 18, 2015 high), and another fall towards 90.00 is possible after consolidation. ...

AUDUSD Weekly Analysis - September 18, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 18 September 2016 07:52 UTC
AUDUSD broke below 0.7489 support, indicating that the upward movement from 0.7144 had completed at 0.7755 already. The pair is now in downtrend. Further decline could be expected over the next several weeks, and next target would be at 0.6900 area. Resistance is at 0.7755, only break above this lev ...

GBPUSD Weekly Analysis - September 18, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 18 September 2016 07:52 UTC
GBPUSD failed to break above 1.3480 resistance, and stayed in the trading range between 1.2795 and 1.3480. Deeper decline to test 1.2795 support would likely be seen next week, a breakdown below this level will signal resumption of the downtrend from 1.5016, then next target would be at 1.2000 zone. ...

EURUSD Weekly Analysis - September 18, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 18 September 2016 07:51 UTC
EURUSD is facing the support of the price channel on daily chart. A clear break below the channel support will indicate that the upward movement from 1.0911 had completed at 1.1366 already, then the following downward movement could bring price to 1.0600 zone. However, as long as the channel support ...

USDCAD Weekly Analysis - September 11, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 11 September 2016 09:16 UTC
USDCAD moved sideways in a price channel on daily chart. As long as 1.2654 key support holds, the price action in the channel could be treated as consolidation of the uptrend from 1.2460, and further rise to 1.3600 area to complete the upward movement is possible after consolidation. Only break belo ...

USDJPY Weekly Analysis - September 11, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 11 September 2016 09:15 UTC
USDJPY continued its sideways movement in a range between 98.97 and 107.48. Key resistance is at 107.48, as long as this level holds, the price action in the range could be treated as consolidation of the downtrend from 123.75 (Nov 18, 2015 high), and another fall towards 90.00 could be expected aft ...

AUDUSD Weekly Analysis - September 11, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 11 September 2016 09:14 UTC
AUDUSD's upward movement may have completed at 0.7755 already. Key support is at 0.7489, a breakdown below this level could bring price to 0.6900 zone. However, as long as 0.7489 support holds, one more rise to 0.8000 area to complete the upward movement is still possible.

GBPUSD Weekly Analysis - September 11, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 11 September 2016 09:14 UTC
GBPUSD moved sideways without trend in a range between 1.2795 and 1.3480 for several weeks. As long as 1.3800 key resistance holds, the sideways movement could be treated as consolidation of the downtrend from 1.5016, another fall to 1.2000 area is still possible after consolidation. Save

EURUSD Weekly Analysis - September 11, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 11 September 2016 09:13 UTC
EURUSD stays in the upward price channel on daily chart, indicating that the pair remains in uptrend from 1.0911. As long as the channel support holds, the uptrend could be expected to continue, and next target would be at 1.2000 area. Only the downside, a clear break below the channel support will ...

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